Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp > The luck is not on our side

<< Previous

Bullboard Posts

Next >>

Comment by Moemoney42on Mar 10, 2023 11:03pm

224 Views

Post# 35332191

RE:The luck is not on our side

1234bmth wrote: Today after a while the job market data was in favour of the market, but the SV bank failure news crushed the market. I hope there is no more bad news on the weekend about US banking.

Yes the SVB failure threw the markets for a loop today.. and now talk of a second crypo lender/bank is failing/failed..
In SVB's case it was the Fed's interest rate increases that was the final nail in the coffin.. way to go Mr. Powell... you may have created the next financial crisis..!
I'd say, just as the forcasters are now saying... the liklihood of a 50 basis point hike is off the table, and now its only a 25 basis point on the table.. I wouldn't be surprised to see the Fed's stand pat with no rate increase in March..

<< Previous

Bullboard Posts

Next >>

AI companies to invest in